IKEA Raises Prices Amid Supply Chain Disruptions, Higher Shipping Costs
STOCKHOLM, Dec 30 (Reuters) – The world’s biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in
STOCKHOLM, Dec 30 (Reuters) – The world’s biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in
The Port of Los Angeles has announced plans to begin charging ocean carriers a dwell fee for empty containers lingering in marine terminals to combat
Dec 30 (Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) said people should avoid traveling on cruise ships regardless of their
By Alex Longley (Bloomberg) — Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply
By Praveen Paramasivam (Reuters) – Carnival Corp’s Cunard cruise line said on Wednesday its Queen Mary 2 ship would skip a scheduled stop at New
Greek containership operator Euroseas has announced its latest head-turning charters for two of its ships at “more than twice” the rate their
With 2021 coming to a close, here’s a list of gCaptain’s most-viewed stories of the year: 10. Maersk Containership Broken Down in the Pacific Ocean
By Andreo Calonzo (Bloomberg) The Philippines signed a deal to purchase two corvettes from Hyundai Heavy Industries, beefing up its defense capabilities in a
Dec 28 (Reuters) – Carnival Corp said on Tuesday a majority of its ships’ itineraries were unchanged despite a surge in cases of the Omicron
The ports of Los Angeles and Long Beach are once again postponing the implementation of the new “container dwell fees,” marking a seventh week in a
Global satellite communications company Inmarsat has launched its first next-generation satellite, known as the I-6. Billed as the most sophisticated
By Mike Wackett (The Loadstar) – Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its
A containership rammed a dock in Taichung, Taiwan on December 26 and the incident was all caught on video. The ship is the around 1,000 TEU capacity Asiatic
By Ann Koh and Sergio Chapa (Bloomberg) — Traders may have diverted another cargo of liquefied natural gas to Europe instead of China amid the
Regulators in Australia have ordered Shell to keep its giant Prelude FLNG facility offline until it can demonstrate that its safe for workers. Under the
By K. Oanh Ha and Ann Koh (Bloomberg) — From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures
The captain and first officer of the MV Wakashio are set to be released from custody in Mauritius following their sentencing Monday. Having already spent 16
By Jorge Valero (Bloomberg) — The European Union is weighing a broad set of new powers, including possible export controls, that would give it the
While the site has ignited a number of public controversies and administrative backpedaling, the school’s admin says the new uniform and grooming standards
Students, faculty say the academy has history of ignoring cadet safety and wellness concerns By David Lewis After a student’s racially and sexually
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